MBWM

MERCANTILE BANK CORP MBWM

NasdaqSmall CapFinancials

13F Pro quality score

Rank #1,352 of 2,925TOP 50%

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$68.76M

Quarter to Jun 30

Net income

$25.93M

Quarter to Jun 30

Free cash flow

$14.94M

Quarter to Jun 30

Operating margin

45.4%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026
$688.39M total
Reading the latest SEC filing…

Key Metrics

Revenue

Q2 2026
EDGAR

Net Income

Q2 2026
EDGAR

EPS (Diluted)

Q2 2026
EDGAR

Operating Margin

Q2 2026
EDGAR

ROIC

Q2 2026
EDGAR

Free Cash Flow

Q2 2026
EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/MBWM

Earnings Per Share

13fpro.ai/company/MBWM

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MBWM key financials by period

Reported revenue, net income and operating margin by fiscal year, from MERCANTILE BANK CORP's annual filings on SEC EDGAR.

MERCANTILE BANK CORP reported revenue, net income and margins by fiscal period, from SEC filings.
PeriodRevenueNet incomeOp. margin
FY 2025$242.7M$88.8M42.6%
FY 2024$231.5M$79.6M42.5%
FY 2023$225.7M$82.2M45.5%
FY 2022$190.3M$61.1M39.8%
FY 2021$180.3M$59.0M40.9%
FY 2020$167.4M$44.1M32.8%
Source: MBWM filings on SEC EDGAR →

Ranked by quality-factor profile and overlapping institutional ownership, from the latest 13F filings and SEC financials.

MBWM insiders

Officers, directors and 10% owners with a Form 4 filed in the last 24 months, most recent first. From SEC EDGAR.

About MERCANTILE BANK CORP (MBWM): stock profile, AI score and financials

MERCANTILE BANK CORP (MBWM) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores MBWM at 54.1/100 on a composite quality score built from its SEC filings, placing it at rank #1,352 of 2,925 stocks — the top half of the AI-ranked universe. MBWM scores in the top quartile across profitability (93.9), free cash flow (80.5). Areas of concern include earnings quality (21.9) and revenue scale (27.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 46.6/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), MERCANTILE BANK CORP reports quarterly revenue of $68.8M, net income of $25.9M, an operating margin of 45.4%. Top institutional holders of MBWM by reported 13-F value include BlackRock, WELLINGTON MANAGEMENT GROUP LLP, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. MBWM trades on the Nasdaq exchange and files with the SEC under CIK 1042729. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MBWM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MERCANTILE BANK CORP directly from SEC EDGAR.

Financials through the period ended SEC EDGAR: CIK 1042729 →